Palantir might be the most over-valued firm of all time
11 days ago
- #Palantir
- #Market Valuation
- #Cisco
- Palantir is considered one of the most over-valued firms of all time.
- Cisco's valuation during the dotcom bubble serves as a cautionary tale despite its enduring success.
- Investors valued Cisco at over 200 times its annual profit during the bubble, equivalent to $1 trillion today.
- Cisco's current market value is $280 billion, showing solid but unspectacular growth.
- Other topics mentioned include America's housing market, Xi Jinping's city of the future, an economist's guide to big life decisions, asset pricing, America's potential crackdown on India's oil trade, and America's fertility crash.